RFM Corporation (stock symbol: RFM) has been unable to make a good recovery since the stock reached its all-time high at 6.68 last May 7.
At present, RFM is struggling to hold on to the 6.00 level. The stock even experienced 8 consecutive down days recently.
The Detrended Price Oscillator (DPO) follows price as the latter tries to move through 6.00.
Buyers are still in a strong position to maintain control of this stock, following their recent successes. Ideally, 6.00 would serve as the new line in the sand.
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